(Australia-NewsWire.Com, April 25, 2018 ) According to the report "Asia Pacific Food Grade Industrial Gases Market", published by Market Data Forecast, the market is projected to reach USD 3.05 Billion by 2021, at a CAGR of 7.56 % from 2016 to 2021.
Food-grade industrial gases are efficiently utilized in the food industry for freezing & chilling, packaging, and carbonation of food products such as dairy & frozen products, beverages, fruits & vegetables, etc.
Packaging plays an important role in safety and preventing food and beverage products, though as technology develops and customers become more responsive, the design of packaging has become as remarkable as its function. This is broadly inclining the demand for gas packaging of foods.
The food-grade industrial gases market is observed to grow at a higher rate in the next few years. The market size is expected to boost owing to the increasing consumption of packaged foods and technologies in packing and chilling & freezing of processed food products.
By Country: China Japan India South Korea Australia
Some of the key players in the market are The Linde Group (Germany), Tri-Gas Inc. (U.S.), Air Liquide (France), Air Gas (U.S), Matheson, Air Products (U.S.), Taiyo Nippon Sanso, AHG Co. Ltd., Praxair (U.S.), Emirates Industrial Gases (U.A.E.), AHG Co. Ltd., Messer Group (Germany), Sol-SPA (Italy), and Gulf Cryo (Kuwait).
Scope of the Food Grade Industrial Gases Market Market Study: Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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